The information is presented for MMK parent company only.

1. Production

                                                                                             Production volumes of MMK for H1 2007 and H1 2006

Increase of electric steel output lead to increase of commercial billet production in the H1 2007 by 264 thousand tons. At present MMK realizes several projects, including construction of Plate Mill 5000 with production capacity of 1.5 mln tons p.a., revamping of hot-rolling Mill 2000 (which will improve the quality of products, expand products range and increase capacity). Commissioning of these facilities will enable MMK to process the whole production volume of billets.

Besides, due to all long products mills reaching their full operation capacity in H1 2007, MMK increased output of long products by 164 thousand tons.

 2. Average prices

 The prices are indicative and do not consider either steel grade and quality characteristics or sales markets, Average prices calculation is based on division of revenue by volume.

                                                                                                Average steel prices for H1 2007 and H1 2006, $/ton